<PAGE>
This is filed pursuant to Rule 497(e).
File Nos. 2-29901 and 811-01716.
<PAGE>
ALLIANCE CAPITAL [LOGO] (R)
THE ALLIANCE STOCK FUNDS
Alliance Quasar Fund, Inc.
The Alliance Fund, Inc.
Alliance Global Small Cap Fund, Inc.
________________________________________________________________
Supplement dated March 6, 2000 to the Prospectus and Application
dated February 1, 2000 of The Alliance Stock Funds.
This Supplement supersedes certain information under the heading
"Management of the Funds -- Portfolio Managers". Bruce Aronow is
now Portfolio Manager of Alliance Quasar Fund, Inc., The Alliance
Fund, Inc. and joins Mark Breedon as a Portfolio Manager of
Alliance Global Small Cap Fund, Inc. Mr. Aronow is a Vice
President of Alliance Capital Management Corporation, the sole
general partner of Alliance, with which he has been associated
since 1999. Prior thereto, he was a Vice President at Invesco
since 1998, a Vice President at LGT Asset Management since 1996
and a Vice President at Chancellor Capital Management since
before 1995.
_________________________________________________
You should retain this Supplement with your Prospectus for future
reference.
(R) This is a registered mark used under license from the owner,
Alliance Capital Management L.P.
<PAGE>
This is filed pursuant to Rule 497(e).
File Nos. 2-29901 and 811-01716.
<PAGE>
ALLIANCE CAPITAL [LOGO] (R)
THE ALLIANCE STOCK FUNDS
Alliance Quasar Fund, Inc.
The Alliance Fund, Inc.
Alliance Global Small Cap Fund, Inc.
________________________________________________________________
Supplement dated March 6, 2000 to the Advisor Class Prospectus
and Application dated February 1, 2000 of The Alliance Stock
Funds.
This Supplement supersedes certain information under the heading
"Management of the Funds -- Portfolio Managers". Bruce Aronow is
now Portfolio Manager of Alliance Quasar Fund, Inc., The Alliance
Fund, Inc. and joins Mark Breedon as a Portfolio Manager of
Alliance Global Small Cap Fund, Inc. Mr. Aronow is a Vice
President of Alliance Capital Management Corporation, the sole
general partner of Alliance, with which he has been associated
since 1999. Prior thereto, he was a Vice President at Invesco
since 1998, a Vice President at LGT Asset Management since 1996
and a Vice President at Chancellor Capital Management since
before 1995.
_________________________________________________
You should retain this Supplement with your Prospectus for future
reference.
(R) This is a registered mark used under license from the owner,
Alliance Capital Management L.P.
00250150.BA3
